Common use of Defense Counsel Clause in Contracts

Defense Counsel. Indemnitee hereby agrees that in any Proceeding in which Indemnitee and other past or present trust managers or officers of the Trust (or its successor) who are entitled to indemnification from the Trust are named defendants or respondents, Indemnitee and such other past or present trust managers or officers shall collectively select one firm of attorneys in any jurisdiction to defend all such defendants and respondents in such Proceeding unless counsel for Indemnitee advises that there are issues which may raise conflicts of interest between Indemnitee and such other persons.

Defense Counsel. Indemnitee hereby agrees that in any Proceeding in --------------- which Indemnitee and other past or present trust managers directors or officers of the Trust Company (or its successor) who are entitled to indemnification from the Trust Company are named defendants or respondents, Indemnitee and such other past or present trust managers directors or officers shall collectively select one firm of attorneys in any jurisdiction to defend all such defendants and respondents in such Proceeding unless counsel for Indemnitee advises that there are issues which may raise conflicts of interest between Indemnitee and such other persons.